# Zhidou Vehicle Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhidou-vehicle-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Ningbo, China
- Total disclosed funding: $163M
- Latest round: Series A (Dec 31, 2014)
- Investors on record: 5

## About

Established in 2015 and headquartered in Ningbo, China, ZD is an electric car developer and manufacturer that provides car maintenance and car rescue as after-sale services. In July 2017, the Ministry of Industry and Information Technology announced that the company was qualified to produce new pure electric passenger cars. In November 2017, Zhidou Vehicle Co., Ltd. raised an undisclosed amount of strategic investment funding from new investor Do-Fluoride Chemicals Co., Ltd. In 2022, it raised CNY 100 million in strategic investment from returning investor GSR United Capital.

The company combines new energy, smart technology and connected technology innovations in a miniaturized body. The exterior of the car consists of foldable exterior mirrors with integrated turn signals and shell-type LED combination tail lights, while the interior consists of an electronically controlled pocket gear switch and Bluetooth car phone. Zhidou also offers test drive appointments, maintenance, emergency assistance and after-sales network enquiries for car owners.

## Funding rounds

- Series A, Dec 31, 2014, $163M — Silverstone Capital, Zhejiang Geely Holding Group Co., Ltd., GSR United Capital, CMAF, New Dayang Group

## Investors

- Silverstone Capital — Series A
- Zhejiang Geely Holding Group Co., Ltd. — Series A
- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Series A
- CMAF (https://capitalatlas.ai/funds/cmaf) — Series A
- New Dayang Group — Series A